Manz

Manz AG (formerly Manz Automation) is a German multinational engineering company active in the fields of automation, laser processesing, metrology, wet chemistry and roll-to-roll processing. Manz AG bundles its activities into two reporting segments: Mobility & Battery Solutions and Industry Solutions. The focus in the Mobility & Battery Solutions segment is on production of lithium-ion batteries. The Industry Solutions reporting segment is responsible for assembly and production of electronic components and devices, power and consumer electronics, and components for the electric powertrain.[2]

Headquartered in Reutlingen, Baden-Württemberg, the company has additional production centres in Tübingen as well as international manufacturing sites in Hungary, Italy, Slovakia, China and Taiwan.[3] There are additional sales and service branches in the United States, South Korea and India.[4]

Manz had developed a significant presence in the solar photovoltaic industry. Its activities in this sector focused on the development and supply of integrated systems for the production of

History

The company was founded by Dieter Manz as the GmbH Manz Automatisierungstechnik in 1987.[12] It initially focused on industrial automation and robotics, and today continues to supply automated systems as part of a broader range of products.[13] In October 2001 Manz Automatisierungstechnik merged with ACS GmbH, another firm founded by Dieter Manz, forming Manz Automation AG. As Manz has grown from an automation specialist into a supplier of integrated production lines, the company changed its name from Manz Automation AG to Manz AG in June 2011.[14]

The company listed on the Frankfurt Stock Exchange in 2006, moving to its Prime Standard market segment in 2008.[15] The company was a constituent of the TecDAX index between September 2008 and March 2009,[16][17] and again between September 2009 and March 2011.[18][19] Manz AG shared back in the TecDAX as of March 24, 2014.[20]

In May 2016 Shanghai Electric company took over 19.67% of Manz shares.[21]

In May 2022 Daimler Truck AG acquired a stake in Manz as part of a strategic partnership.[22]

Acquisitions and location expansion

On 1 January 2008, with the acquisition of the company Christian Majer in Tübingen, Germany (machines for packaging and film processing), the basis for entry into the lithium-ion battery market in 2009 was set. Also in 2008, Manz Slovakia was founded and Intech Machines (Taiwanese market leader for wet chemical processes in manufacturing displays) was absorbed. Manz also established a vacuum coating technology development centre (Manz Coating GmbH in Karlstein, Germany) in 2010.[12] In 2012 the establishment of Manz CIGS Technology GmbH in Schwäbisch Hall, Germany and the opening of a new manufacturing facility in Suzhou (China) took place.[12] With the acquisition of the mechanical engineering division of Kemet Electronics Italy (formerly Arcotronics) in 2014, Manz enlarged its technology portfolio in the battery division and founded Manz Italy. In 2015 Manz acquired KLEO, a specialist for laser direct imaging (LDI), from the ZEISS Group.[23]

type	Aktiengesellschaft
traded as	fwb: M5Z
key people	Dr. Ulrich Brahms (CEO), Heiko Aurenz (Chairman of the supervisory board), Dieter Manz (Founder and member of the supervisory board)
industry	High-tech engineering
products	Integrated production lines for displays, touch panels, PCBs, lithium-ion batteries
revenue	€249 million (2023)‡R1R‡
operating income	€2.9 million (2023)‡R1R‡
net income	€−2.4 million (2023)‡R1R‡
assets	€278.6 million (end 2023)‡R1R‡
equity	€99.7 million (end 2023)‡R1R‡
num employees	1,435 (end 2023)‡R1R‡
foundation	1987
location	Reutlingen, Germany
homepage	www.manz.com

History

Acquisitions and location expansion

See also

External links

References